The meaning of BENEFICIARY is a person or thing that receives help or an advantage from something : one that benefits from something. How to use beneficiary in a sentence. Did you know?

2024年5月28日 · What Is a Beneficiary? A beneficiary is a person (or entity) who is designated to receive the benefits of property owned by someone else. Beneficiaries often receive these benefits as...

BENEFICIARY definition: 1. a person or group who receives money, advantages, etc. as a result of something else: 2. a…. Learn more.

BENEFICIARY meaning: 1. a person or group who receives money, advantages, etc. as a result of something else: 2. a…. Learn more.

What is a beneficiary? A beneficiary is the term for a person or entity (such as a charity or a trust) who receives some type of benefit after the owner passes away. A beneficiary is named through paperwork when the asset (such as a retirement account) is established, although you can change it at any point before your death.

A beneficiary in the broadest sense is a natural person or other legal entity who receives money or other benefits from a benefactor. For example, the beneficiary of a life insurance policy is the person who receives the payment of the amount of insurance after the death of the insured. In trust law, beneficiaries are also known as cestui que use.

2025年1月29日 · A beneficiary is someone who receives a financial asset that was once owned by someone else. Choosing beneficiaries helps ensure that your assets go to the right people once...

A beneficiary is simply the recipient of money or other benefits. So when your big sister finally moves away to college and you get to move into her bigger bedroom? You become a lucky beneficiary.

Someone who is a beneficiary of something is helped by it. One of the main beneficiaries of the early election is thought to be the former president.

One that receives a benefit: I am the beneficiary of your generosity. 2. The recipient of funds, property, or other benefits, as from an insurance policy or trust. 3. Ecclesiastical The holder of a benefice. [Medieval Latin beneficiārius, holder of a feudal benefice, from Latin, soldier granted privileges, from beneficium, benefit; see benefice.]